Finance

NEW YORK — U.S. stocks rallied Friday, giving the S&P 500 its biggest gain since early September, as employment data suggested the economy was strong enough to sustain a Federal Reserve rate hike this month. Financials, which benefit from higher…Read more

Nervous investors should think twice before diving into so-called defensive stocks, especially those securities with high dividends. You might end up putting more risk into your portfolio than you realize. Stocks that have less volatility than the overall market and…Read more

Living debt-free sounds great, and depending on where you are in life it may actually be attainable. But even if you can pay off your mortgage early, should you? Although it may be tempting, first consider the opportunity cost of…Read more

Live the life you want without working all the time. That’s the message of Tim Ferriss — entrepreneur, angel investor, public speaker and author of several bestselling books, including “The 4-Hour Workweek.” And it’s helped him achieve massive success. Tim…Read more

From professional football player to speaker and financial coach, Chris Hogan has been a staple among personal finance experts. The money guru once worked as vice president of a mortgage company and later turned to helping people successfully manage their…Read more

Investing can be scary, especially in the short term. When you retire, it’s hard to watch the value of your lifetime of savings fluctuate as financial markets bounce up and down. Fear is a powerful sales tool. Immediate annuities are…Read more

While 2015 had some cringeworthy moments — like when China’s market took a dive this summer — for the most part, stocks are ending the year close to where they began, showing only a 1.5 percent boost in the Standard…Read more

GE has scrapped a $3.3 billion plan to sell its home appliance business to the Swedish company Electrolux, a deal opposed by U.S. regulators over concerns about competition. The Fairfield, Connecticut, conglomerate said that it will continue to run the…Read more